Clay, KY vs Fredonia, KY
Clay, KY and Fredonia, KY have a very similar cost of living, with only a 3.1% difference in their overall index. Clay scores 62 while Fredonia scores 64 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Clay is $769/month compared to $783/month in Fredonia — a 2% difference. Home values follow the same pattern: Clay is more affordable at $75,600 median vs $94,600.
Median household income in Clay is $43,884 compared to $67,396 in Fredonia (-34.9%). While Fredonia is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Clay spend roughly 21% of their income on rent, more than the 13.9% in Fredonia.
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